WESTERN DIGITAL CORP·4

Jun 22, 9:16 PM ET

STREETER STEPHANIE A 4

4 · WESTERN DIGITAL CORP · Filed Jun 22, 2026

Research Summary

AI-generated summary of this filing

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Western Digital (WDC) Director Stephanie Streeter Receives Award

What Happened Stephanie A. Streeter, a director at Western Digital Corp (WDC), was granted 0.334 derivative shares on 2026-06-17. The award is recorded at $0.00 per share (total reported value $0) and represents dividend-equivalent rights tied to previously awarded restricted stock units (RSUs). This is an award (not a purchase or sale) and does not by itself indicate a bullish or bearish trade.

Key Details

  • Transaction date: 2026-06-17; Filing date (Form 4): 2026-06-22.
  • Reported amount: 0.334 derivative shares; price reported $0.00; total value $0.
  • Nature of award: Dividend equivalent rights that vest proportionately with the underlying RSUs (each right represents a contingent right to one share or cash).
  • Shares owned after transaction: Not specified in the filing.
  • Timeliness: The Form 4 was filed five days after the transaction; Form 4s are typically required within two business days, so this appears outside the usual window.

Context Dividend-equivalent rights are a supplemental credit tied to RSUs and generally convert to shares or cash as the RSUs vest. This transaction is an award of such derivative rights rather than an open-market purchase or sale, so it should be viewed as part of routine compensation-related corporate grants rather than an independent investment signal.

Insider Transaction Report

Form 4
Period: 2026-06-17
Transactions
  • Award

    Dividend Equivalent Rights

    [F1]
    2026-06-17+0.3342.117 total
    Common Stock (0.334 underlying)
Footnotes (1)
  • [F1]The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.
Signature
By: /s/ Sandra Garcia Attorney-in-Fact For: Stephanie Streeter|2026-06-22

Documents

1 file
  • 4
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